Microsoft Acquires LinkedIn in $26.2 Billion Deal

by David Cohen

Microsoft announced Monday morning that it has agreed to acquire LinkedIn for $196 per share, or $26.2 billion. The two companies said in a press release that Jeff Weiner will remain CEO of LinkedIn, reporting to Microsoft CEO Satya Nadella, and that LinkedIn co-founder, chairman and controlling shareholder Reid Hoffman and Weiner “fully support this transaction.Read the full article